How does ONGC's break-even price for future project compare with the rest of the oil companies? 8Here is an interesting comparison 8And what is the way forward for ONGC in a scenario under which oil & gas companies are in rapid energy transition mode? Click on Reports for more.
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A landmark of sorts was achieved when the world's biggest shipping company announced that by 2023 it will have a dual-fuelled ship running on either e-methanol or sustainable bio-methanol and that its new buildings from then on will also run on carbon-neutral fuel sources. 8Will the rest of the shipping industry be able to follow suit? 8Also know more on why shipping stocks are suddenly revving up Click on Reports for more.
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ONGC has a few perennial problem areas when it comes to raising oil & gas output or reaching target production. 8They have been there for some time now, but the management will have to deal with them sooner than later. Click on Details for more.
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There is a massive gap between LOI quantity, contracted quantity and actual quantity procured in 2020-21. 8Cleary, the program has not taken off in the manner envisaged Click on Reports for more.
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Fertilizers are big when it comes to imports. 8India is totally dependent when it comes to imports of potash and heavily dependent on rock phosphate and phosphatic fertilizers. 8Currently no urea imports are taking place Meanwhile, fertilizer freight rates have scaled new highs. See the import matrix here, click on Reports.Details
For reference purposes the website carries here the following tenders: 8Supply Requirement of Incoloy Pipe Flanges Details 8Supply of FRP Poles 4mtr, 6mtr and 8mtr to various HPCL locationsDetails 8Program Management Service Provider that will provide end to end project management assistance Details 8Construction of NRO Takali BK Details 8Laying, installation & Commissioning of underground pipeline for Ahmedabad Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil India Ltd cannot disown responsibility on fire incident in Assam's Baghjan oil well: NGT Details 8K Sailendra takes over as ED (regional services), IndianOil Southern region Details 8We see hydrogen as 'future energy', says Dharmendra Pradhan Details 8Pawan Hans privatisation receives multiple bids Details 8India in no mood to concede defeat in Cairn Energy tax case, to appeal against arbitration awardDetails 8Congress organises protests in MP, Rajasthan, Delhi against fuel price hike Details 8Steepest hike in fuel price in several months; Petrol, diesel prices shoot up to 40 paise Details 8Oil spill stains Israeli shoreline; investigations underway to determine cause Details 8Indian govt to promote use of ethanol as an alternative fuel: Minister Details 8FM Sitharaman says Centre, States need to work together to lower fuel prices Details 8Petrol price hike: SAD asks Centre, state governments to reduce fuel prices Details 8Petrol prices unchanged after rising over Rs 3 per litre in 12 days Details 8In a first, Lakshadweep to have own fuel delivery stations soon Details 8Petrol price hike: Centre in bind but 4 states offer relief as fuel’s on fire Details 8Oil minister gives 'two main reasons' behind rising fuel prices Details 8Kerala will not reduce tax on fuel, says state's finance minister Details 8Oil gains as U.S. production slowly returns after freeze Details 8Israel shuts Mediterranean shore after oil devastates coast Details 8CPSE strategic sale: Govt makes security clearance mandatory for all bidders Details You can also click on Newsclips for moreDetails
We occasionally get alerts from clients who are seeking to sell assorted chemicals and petrochemicals from abroad Here is one company which is keen to sell 8Bitumen 8Gasoline 8Gas Oil 8LAB 8LABSA 8HAB 8NP 8Urea So get in touch with them, as they are willing to abide by all protocols.
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Reliance and Arcelor Mittal-Nippon Steel are large importers of LNG 8One is bringing in a cargo from Qalhat and another all the way from Sabine Pass 8They are back to business again, via their favorite terminal for now 8But both RIL and Arcelor Mittal have bought large volumes of domestic gas, and to that extent, their need for LNG will be lower. Click on Reports for more.
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The Hazira port has got ships coming in over the next few days with the following shiploads: 8Methanl 8Causic soda lye 8EDC/VAM 8Acetic acid/butyl acrylate/IPA 8C10 N Paraffin 8Heavy white oil 8Solvent naphtha 8Acrulonitrile And other assorted chemicals. In all it has 46 ships lining up. It is a busy port indeed Click on Reports.
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The Prime Minister has promised that GST will be promulgated on gas soon. 8Where is the immediate pressure to do so coming from? 8Also where is the opposition coming from?
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8Megha Engineering & Infrastructures Ltd (MEIL) is now becoming a dogged competitor in the downstream segment. Find out why it may end up winning contracts.
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Private equity firm Brookfield has been in the limelight in the oil & gas industry because of its acquisition of the East-West Pipeline 8It held on to the pipeline for quite a while after spending a lot of money before it began ferrying gas from RIL's KG Basin discovery this year. This is the kind of staying power few would have. 8Clearly this is a different class of investor and our hunch is that it is only beginning to get interested in the midstream segment of the industry. 8Watch out for more action from this PE going ahead Click on Reports for more.
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SSP/NPK Greenfield Project 8Cost - Rs 70 crore 8Project Event: Project activities affected due to COVID-19, Still, feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in March 2021 due to delay in the studies, RFQ for the a contractor is likely to be released in May 2021.Details
DAP Greenfield Project 8Cost - Rs 200 crore 8Project Event: The proposal for the term of references has been accepted and studies are still ongoing, proposal for the environmental clearance is likely to be submitted in March 2021. The company has applied for a loan, RFQ for the EPC contractor is likely to be released at the end of April 2021.Details
The staffing industry in India has grown to an extraordinary level, especially in the area of a third-party payroll service provider. Over the past five years, the industry has grown at a rate of 20-25% per year, and it is not showing any signs of slowing down as yet. 8Find out what one of the pioneers in this industry has been doing Click on Reports for more.
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8Project Name:Bhubaneswar- Khordha District City Gas Distribution 8Project Cost: Rs 300 crore 8Project Description:GAIL India Limited has been granted permission on April 3, 2018, to set up a CGD network in Khorada district of Odhisa. The entity won the project under the 9th CGD bidding round. The CGD network will have a coverage area of 2813 sq. km. For an overall timeframe of 5 years, Gail India Limited is expected install 12 CNG stations, provide 26900 piped natural gas connections and lay 1513 inch-km of steel pipe. Currently, the project is in its first stage and MECON Limited is the EPMC for the said project. A tender has been floated for procurement for 125, 90, 63, 32 and 20 mm MDPE pipes with last date on February 15, 2020. Gas will be drawn from GAIL's Jagdishpur- Haldia and Bokaro-Dhamra Natural Gas Pipeline through a Bhubaneshwar spurline. The operator is not waiting for the pipeline to reach the district and has set up a satellite liquefied natural gas (LNG) station in Bhubaneshwar for supply of CNG. RFQ for laying of underground steel pipeline including associated jobs was floated by MECON limited on January 11 2021. The project will require line pipes; carbon steel pipes; polyethylene pipes; galvanized iron pipes; copper tubes; piping system components such as pipeline valves, stud bolts, and nuts; pressure relief valves, slam-shut valves, steel gate, globe, and check valves; metal ball valves; steel pipeline flanges; steel line blanks; gaskets; copper fittings; pressure safety equipments such as regulators, slam shut valves and creep relief valves; filters; metering equipments such as pressure gauges, gas meters, orifice meters; odorizing units; compressors; pumps; etc. 8Project Event:RFQs for valves, gaskets, dispensers, compressors, meters and odorizing units are expected in March, 2021 PNGRB has given an extension period of 144 days to Gail India Limited for achieving their MWP targets due to the COVID 19 pandemic. 8RFQ Date: Q1/2021 8Release Date: Q2/2021 8Start Date: Q4/2018 8Completion Date: Q4/2025 Click here for more details.Details
Sustainable fertilizers is now the new buzz word 8And dozens of new technologies are being tried out globally. 8This industry too is likely to make a climate transition, though the timeline is still open-ended Click on Reports for more.
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The chemical import database is tracked for the following ports: 8Mundra, Kandla, Sikka, Pipavav, Dahej, Magdalla, Hazira, Mumbai, Digi, Karwar, New Mangalore, Cochin, Tuticorin, Chennai, Ennore.Kakinada, Vizag, Paradip, Haldia Click on Reports for more.
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For reference purposes the website carries here the following tenders: 8Carrying out Hot Repair of LPG Cylinders Details 8Procurement of STP of different sizesDetails 8Raw Water Treatment Plant, DM Water Plant, Condensate Polishing Unit, Effluent Treatment Plant with ZLD & Sewage Treatment Plant at Talcher Odisha for Talcher Fertilizers Limited Details 8AMC Pest Control through Gem Portal only Details 8Procurement of Multipurpose Fire Tenders Details 8Procurement of CPVC Pipes and Piping Materials Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Energy major GAIL India's share buyback offer to open on February 25 Details 8Oil prices extend gains as Texas cold snap cuts U.S. output Details 8Delhi: Petrol reaches Rs 89.88 per litre, diesel Rs 80.27 per litre Details 8After Rajasthan, petrol crosses Rs 100-mark in Madhya Pradesh Details 8Why GST inclusion of natural gas is a crucial factor for gas producers and distributors Details 8Oil India, EIL consortium to bid for BPCL's stake in Numaligarh refineryDetails 8Rates of petrol, diesel cheaper in Chhattisgarh than in other states Details 8Oil drops as investors gauge big chill impact on U.S. refineries Details 8Oil trader GP Global APAC seeks debt moratorium in Singapore Details 8Petrol price: Freighters seek rate hike, consumer companies fear impact on margin Details You can also click on Newsclips for moreDetails
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project 8Cost - Rs 500 crore 8Project Event: All the project activities are still on hold due to COVID-19, the project team has been made. RFQ for the LSTK contractor is likely to be released in May 2021.Details
What the latest on the Pipeline Replacement Project-7? 8A tender was meant to come out but there is a new twist to this. Click on Details for more.
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The US had shipped 91 LNG cargoes from the US to Indian in the February-December, 2020 period 8Get details of all these cargoes Click on Reports for more
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Should a domestic gas seller use the Platts West India Market (WIM) or the JKM as a yardstick? 8Different sellers have tried different yardsticks 8Faith in the JKM was shaken when it touched $30/MMBtu in mid-January Click on Reports for more.
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The industrial gas segment can gain a whole lot from Industry 4.0 tools, it seems 8The sector stands to increase EBIT margins by two to five percentage points 8This is a significant competitive advantage in an industry in which historical EBIT margins are a healthy 20 to 25 percent for major players. Click on Reports for more.
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The JKM had gone up over $30/MMBtu in mid-January 8The combination of very cold weather increasing demand, supply issues at a number of export plants, contracts running at maximum take, and the need to divert large volumes of cargoes from the Atlantic to the Pacific basins – principally US and Qatar cargoes – leading to constraints on shipping, all combined and resulted in a sharp increase in prices in a very illiquid market. 8However that is not the entire story. 8This is something that would not have happened in the US and European market 8So what really is intrinsically wrong with the JKM? Click on Reports to know more.
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The PESB has been headless for five months 8And all kinds of speculations are floating around 8Eventually though a decision may come about sooner than later, it seems.Details
For reference purposes the website carries here the following tenders: 8Carrying out Hot Repair of LPG Cylinders Details 8Supply of Raw Water Treatment, Potable and Water Demineralised Water for 2G EthanolDetails 8ARC for Pest Control Services Details 8Hiring of Commercial Vehicle for transportation of CNG for CGD Project Details 8Remodelling of DESU Terminal Details 8Retrofitting of Actuator on existing Sectionlizing Valves for Conversion of Valves Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Madhya Pradesh: Inflation & fuel price rise hit Bhopalis hard Details 8Record high pump prices hit India's gasoline, gasoil sales in Feb Details 8Petrol, diesel prices rise close to Rs 3 a litre in 9 days Details 8Arup Sinha takes over as Executive Director - Regional Services, Northern Region, IOC Details 8Oil extends rally on Texas supply disruptions Details 8Upstream Ahead Summit charts out oil, gas industry vision 2050 Details 8Petrol at Rs 100: PM Modi blames previous govts for not cutting import dependence Details 8Kuwait plans to shorten oil supply deals for some Asian buyers -sources Details 8India to be among fastest-growing emerging markets in FY22: S&P Details 8Centre committed to bringing natural gas under GST regime; plans to spend Rs 7.5 lakh crore on infrastructure: PM ModiDetails 8Dana Gas seeks around $500 million to fund output expansion - CEO Details 8Chandigarh: Panipat refinery fined for pollution Details 8India urges OPEC+ to ease production cuts Details 8Essar signs MoU with IIT Dhanbad (ISM) for R&D in CBM gas exploration Details You can also click on Newsclips for moreDetails
8Shell's Hazira terminal saw the offloading of a RIL LNG cargo from Qualhat sold by Oman LNG on February 15. The next cargoes are now slated to come in on February 21 and 23, from Sabine Pass and Qualhat. 8Usually, scheduled cargoes are never canceled, so eyebrows went up when one of GAIL's Lake Charles LNG cargo to Dabhol was canceled. Looks like it got diverted somewhere else in mid-sea. Click on Reports for more.
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RIL's 40000 tonne ethane cargo is coming in on February 26 8At Dahej, from Houston 8This and other chemical shipments, click on Reports for more.
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Paradip is currently the busiest port for fertilizer import. 8Rock phosphate and sulphur imports are coming in for DAP plants run by IFFCO and Paradip Phosphate 8The shipments are coming in from Aqaba, Ras Laffan, Casablanca Click on Reports for more.
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What kind of shippers are involved with RIL's current crude imports. The names we could gather for the shipments in the days ahead are: 8Glencore 8Litasco SA 8Somo 8EGPC 8Tengizchevroil LLP 8NNPC Click on Reports for more.
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Ammonia/Nitric Acid/SOP Greenfield Project 8Cost - Rs 200 crore 8Project Event: The proposal for the term of reference has been granted, and the final EIA report preparation is still ongoing, a proposal for environmental clearance is likely to be submitted in March 2021. RFQ for the local contractor is likely to be released in April 2021.Details
8There is a clarification that has come in on our earlier story, "Matix ammonia-urea plant: GAIL will not supply the full volume of gas". 8And it is an interesting insight. Click on Details for more.Details
8Why did foreign vessel owners put in their bids against a big ONGC tender when under Atmanirbhar conditions, it is near-impossible for them to win these contracts 8A foreign vessel owner will have to quote a price 20% lower than the lowest quote from a domestic flag owner, and in today's conditions that is not really possible Here is a take on why they quote.Details